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the cliff, so to speak. some economists are saying that means that the u.s. economy goes into recession. >> well, i think we would go into recession, we'd exacerbate our unemployment, underemployment problems, unless it was reversed very quickly. but what a lot of people haven't focused on is, you know, it takes 60 votes to get something through the senate unless you use something called budget reconciliation, which only requires a majority vote. under current rules you can only use that if you're making the deficit less, not more. so if you try to reverse a tax increase or you try to reverse a spending cut, you're not going to be able to do that unless you have 60 votes. and that's going to be tough. >> susie: all right, we have american voters in the polls now who are going to decide who's the next president. but from your point of view, which candidate has the best plans to solve this fiscal crisis, if at all? we have less than a minute. >> in all candor, susie, neither one of them have lay out a comprehensive and credible plan to solve this problem. i will, however, say that i think
. >> woodruff: and finally, the non-election news of this day. u.s. home prices rose 5% in september compared to a year ago, the latest sign of a housing recovery. the real estate data firm core- logic said the increase was the largest since july of 2006. and election day found wall street in a mood to buy. the dow jones industrial average gained 133 points to close above 13,245. the nasdaq rose 12 points to close under 3012. in iraq today, at least 33 people died in a suicide car bombing north of baghdad. nearly 60 others were wounded. the attacker blew up his vehicle near an iraqi military base in taji in the second attack to target troops there in 24 hours. most of the victims were iraqi soldiers. there was no immediate claim of responsibility. the classical composer and pulitzer prize winner elliott carter died monday, at his home in new york city. carter was known for his rhythmically complicated works, fusing american and european modernist traditions. the string quartets he composed have been called the most difficult every conceived. elliott carter was 103 years old. >> ifill: you can
that's at stake tonight. 33 u.s. senate seats, a third of the senate is up for grabs as well. 23 of those seats are currently held by democrats, 10 of them by republicans. in order to take control of the senate, the republicans need a net gain of three or four seats, depending on who wins the presidency. here is what the associated press is project the so far this evening. in the state of delaware, that tom carper has won reelection. >> ifill: and in the state of florida, bill nelson, who actually had been running against connie mack, the son and grandson of the famous connie mack, he has also won reelection, even though connie mack had been making a late surge. >> woodruff: both of those democrats. in the state of maryland, another return. this is senator ben cardin, returning for his second term. >> ifill: and in rhode island, sheldon whitehouse, a good friend of the president's, returning to the senate. >> woodruff: here we have a republican in the state of tennessee, bob corker re-elected to a second term. >> ifill: jeffrey brown will be watching the congressional races for u
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